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The unemployment rate held at 3.7% in July.
Year-to-date, the goods and services deficit increased 7.9% from the same period in 2018.
Manufacturer reports a loss of $4.4 million for the quarter.
The July PMI registered 51.2%, a decrease of 0.5% from the June reading of 51.7%.
In July, the company agreed to acquire privately held Coperion Capital GmbH.
The acquisitions will expand Fergusons reach in Florida and Texas.
Annualized growth through June was 9%.
OmniCable will continue to operate as usual with no changes to the companys organizational structure, products or services.
The deceleration in real GDP in the second quarter reflected downturns in inventory investment, exports and nonresidential fixed investment.
